Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D Question 6 6 pts Which of the following is a necessary accounting for ratification? (check all that apply) The agent must have purported to

image text in transcribed
D Question 6 6 pts Which of the following is a necessary accounting for ratification? (check all that apply) The agent must have purported to act on behalf of or as an agent for the identified principal The third party benefiting from the ratification must give consideration for the ratification. The principal must have been capable of authorizing the act both at the time of the act and at the time it was ratified. The principal must have full knowledge of all material facts. 8 pts Question 7

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Describe important components of self-regulated learning.

Answered: 1 week ago